October 26, 2010
On October 1, 2009 the U.S. Mint began offering the 2009 Uncirculated Coin Sets. This set contained 36 different coins including eight significant coins, which are all the different 2009 Lincoln cents.
The eight Lincoln cents in the 2009 Uncirculated Coin Set were the Log Cabin, Formative Years, Professional Life and Presidency designs. Each set contained all four different Lincoln cent designs with an example from both the Philadelphia and Denver Mints.
The eight different Lincoln cents issued in the set were of significance because they were composed of 95% copper alloy, 3% zinc and 2% tin. This metal composition was last used on Lincoln cents from 1909-1942. Additionally, all 2009 cents are a one-year type design that will never be produced again.
The Mint sold approximately 771,204 sets of the 2009 Uncirculated Mint Sets, which means that the Satin Finish 2009 Lincoln cents now have the second-lowest mintage in the Lincoln cent series (for non-proof coins that are composed of mostly copper alloy). The four different 2009 Satin Finish Lincoln cents have an even lower mintage than the 1931-S Lincoln cent!
The price of each 2009 Uncirculated Coin Set was originally set at $27.95 each if purchased directly from the U.S. Mint. However, the Mint unexpectedly discontinued selling the 2009 Uncirculated Sets on June 15, 2010. And in return, it created some truly scarce coins, especially if compared to other mintages of non-proof coins in the Lincoln cent series. Purchasing the 2009 Uncirculated Coin Set was the only method that collectors could use to obtain the 2009 Satin Finish Lincoln cents.
PCGS Modern Coin Expert Miles Standish had this to say about the coins “These are simply wonderful cents. Purchasing these coins is like receiving a double bonus – low-mintage Lincoln Cents and Copper Commemoratives with four beautiful designs of our Nation’s history. They really have a great story of Honest Abe's life.”